
图表14:永利幻影空间沉浸式视听赏味盛筵图表15:永利臻典──中国葡萄酒大赛
资料来源:永利澳门官网、华泰研究资料来源:永利澳门官网、华泰研究
图表16:2019年以来澳门博彩市占率(按GGR)
14%14%14%15%
14%
12%12%12%
14%
13%
15%
12%12.2%12.3%12.2%
20%
19%
18%
14%
30%
20.7%21.1%20.4%20.2%18.6%
21.4%20.8%20.0%
20.4%20.7%19.6%
18.4%17.7%18.5%17.9%
17.4%
16.5%
18.1%
16.2%
8.8%14.0%
9.2%9.1%10.3%9.8%
12.7%
8.1%
11.6%11.3%
14.0%14.0%13.3%
14.7%14.6%16.2%
13.0%14.4%15.5%
14.3%
15.6%15.2%14.3%13.9%
14.7%7.0%
01..09%%12.1%14.4%14.4%
13.8%
13.2%13.4%13.3%13.5%
13.5%12.8%12.5%9.7%12.7%12.6%
21.8%
17.7%
25.0%23.4%23.4%24.4%
21.4%24.3%25.1%
21.7%
22.3%21.2%25.7%26.3%25.4%27.7%26.7%26.9%
25.5%
47.0%
24.4%
15.1%16.7%17.5%17.0%
22.1%
18.3%17.0%17.9%16.4%16.9%18.0%14.7%14.5%15.6%14.0%15.3%14.5%14.6%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
19Q1
19Q2
19Q3
19Q4
20Q1
20Q2
20Q3
20Q4
21Q1
21Q2
21Q3
21Q4
22Q1
22Q2
22Q3
22Q4
23Q1
23Q2
23Q3
23Q4
0%
资料来源:Wind,Bloomberg、华泰研究
图表17:2024年五一假期澳门入境游客数量(万人次)图表18:2023年端午节假期澳门入境游客数量(万人次)
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
首日第二日第三日第四日第五日
45%
2019
18.98 20232024
同比(%)
18.26
39%
15.0915.55
13.38
15.40
35%
12.18
10.9111.07
10.44
26%
10.61
8.44
7.16
12%
5.30
13%
40%
35%
30%
25%
20%
15%
10%
5%
0%
12.0
10.0
8.0
6.0
4.0
2.0
0.0
10.7
10.1
7.9
8.0
第一日(6/22)第二日(6/23)第三日(6/24)第四日(6/25)
资料来源:DSEC、华泰研究;注:2019年五一假期为四天资料来源:澳门电台、华泰研究
图表19:2019-2024五一黄金周期间总访澳旅客对比(人次)